Bloomberg The UK services sector grew more than forecast in May as the economy continued to plot a modest recovery from the snow disruption of the first quarter. IHS Markit said on Tuesday its Purchasing Managers Index rose for a second month to 54 from 52.8. That beat the reading of 53 predicted in a Bloomberg survey. Taken together with ...

Bloomberg Qualcomm Inc, the biggest maker of semiconductors for smartphones, unveiled a new chip, said Samsung Electronics Co. is already on board as a customer, and offered free wireless data for devices based on the processor — all part of a push to get its mobile technology into the computing market dominated by Intel Corp. Samsung is committed to offering ...

Bloomberg Even as Donald Trump tweets his support for US agriculture, farmer loyalty for the president looks like it’s starting to waver over moves that may undermine corn-based etha-nol and escalate trade disputes with countries that import American crops. A long-anticipated White House announcement expected to lower costs for oil refiners at the expense of ethanol may show that the ...